arts and crafts
Nicole Crafts has decided to exit its retail operations by retaining the retail and real estate divisions of Gordon Brothers to close the A.C. Moore store chain, as part of a broader strategic plan. A.C. Moore has more than 145 stores on the east coast.
Michaels has made several changes to its senior executive leadership team. Vidya Jwala has been appointed to the newly created role of chief customer officer, Scott Lindblom has been promoted to evp/chief information officer and Holly Shaskey-Platek has been promoted to evp/chief human resources officer.
Michaels is launching an initiative dubbed Community Classroom as an educational, collaborative workspace program designed to attract consumers in search of new creative experiences.